Cointelegraph·
Over $935 million was wiped out across the crypto market as traders shifted their focus to $70,000 as the last line of defense for Bitcoin.
Read full articleStrive bought 1,109 bitcoin last week, raising its total holdings to 16,500 BTC and strengthening its place among major public corporate holders. The company is also reviewing new capital-raising tools as it prepares to expand its bitcoin-linked treasury strategy. ASST Climbs 133% as Strive Expands Bitcoin Treasury With $85M Addition Strive has added over 1,000 […]
Bitcoin's price declines as almost the complete entirety of altcoins is trading in the red.
Investor retreat from debasement trade signals a shift in market sentiment, potentially impacting asset valuation and hedging strategies. The post JPMorgan strategist notes retreat from debasement trade as bitcoin, gold ETFs see outflows appeared first on Crypto Briefing.
The post Charles Hoskinson slams lawsuit targeting dormant Bitcoin wallets appeared on BitcoinEthereumNews.com. Cardano founder Charles Hoskinson has criticized a New York lawsuit that seeks legal ownership of thousands of dormant Bitcoin wallets. Summary A New York lawsuit seeks ownership of 39,069 dormant Bitcoin wallets under lost-property law. The wallets reportedly hold about 3.7 million BTC, including Satoshi-linked and Mt. Gox-linked addresses. Charles Hoskinson criticized the case, arguing inactivity should not equal abandonment in self-custody. The case has drawn attention because it tests whether inactivity in a self-custodied wallet can be treated as abandoned property under state law. New York lawsuit targets dormant Bitcoin wallets A plaintiff using the name Noah Doe filed the case in the Supreme Court of the State of New York on May 1, 2026. The lawsuit asks the court to declare ownership of 39,069 dormant Bitcoin wallet addresses. According to reporting on the filing, th
The post Bitcoin Slips Under $73K as Crypto Liquidations Near $1B appeared on BitcoinEthereumNews.com. In brief Bitcoin fell to lows of $72,711 Thursday, as ETFs shed $1.02 billion across three days. $937 million in crypto liquidations occurred despite Bitcoin sliding less than 4%, highlighting leverage in the ecosystem. Myriad users now see a 62% chance of Bitcoin hitting $84,000, down from 74% on Tuesday. The crypto market saw almost $1 billion in liquidations over the past day as Bitcoin dipped under $73,000, with U.S. investors continuing to withdraw capital from spot Bitcoin ETFs amid escalating geopolitical tensions. Bitcoin dropped to an intraday low of $72,712 Tuesday, and is currently trading at $73,330 down 3.3% over the past 24 hours, per CoinGecko data. BTC’s performance over the past week and year remains lackluster at -6% and -33%, respectively—underscoring the state of crypto markets, especially as the U.S. stock market, supported by the AI boom, continues to climb highe
The post Trump Vows Crypto Market Structure Law That ‘Cannot Be Undone’ appeared on BitcoinEthereumNews.com. Key Takeaways Trump promised lasting crypto legislation designed to survive future regulatory leadership changes. Federal market structure rules could reshape oversight for exchanges, tokens, and derivatives. Congress now faces pressure to convert pro- crypto messaging into binding U.S. legislation. Trump’s Crypto Push Widens Around Market Structure Law President Donald Trump intensified his administration’s push for durable U.S. crypto regulation on May 27, arguing that America has become the global center for digital asset innovation. In a post on his social media platform Truth Social, Trump accused former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler and anti- crypto regulators of weakening the industry by pushing bitcoin, crypto perpetuals, and innovation overseas. Trump claimed that his administration reversed that offshore shift and brought builders and
Galaxy Research is trying to explain one of the stranger Bitcoin transactions of the year after five addresses sent roughly 107 BTC, worth about $8.3 million, to an old burn address, making the coins provably unspendable. The move, flagged by Galaxy in a thread on X, immediately raised the question that sits at the center […]
The post Bitcoin Sends An Unusual Signal After Miner Inflows Top 20,000 BTC – Analyst Explains The Setup appeared on BitcoinEthereumNews.com. Bitcoin is struggling to reclaim higher levels as the price tests the $76,000 level and the market searches for the structural support needed to prevent the correction from extending further. The backdrop is challenging — but a CryptoQuant report has identified a specific event in the miner flow data that adds an important layer of context to the current price action, and the most significant detail is not the event itself but what happened immediately after it. On May 18, miners sent approximately 21,000 BTC to Binance in a single day. That figure places the event in a specific historical category: it marks only the second time since February 5, 2026 that miner inflows to Binance have exceeded 20,000 BTC in a single session. The February 5 instance recorded approximately 23,150 BTC arriving from miners — a deposit that coincided with one of the
